OpenAI bets $300 billion on Oracle contract to power artificial intelligence expansion despite ongoing losses

Posted under: AI technologies
Date: 2025-09-16
OpenAI & Oracle's $300B Deal: A Push for Advanced AI | Justo Global

OpenAI has entered a landmark five-year contract with Oracle, committing a staggering $300 billion to leverage Oracle's cloud infrastructure for its artificial intelligence endeavors. This partnership aims to enhance OpenAI's capabilities amid ongoing financial losses. "This collaboration will strengthen our AI development significantly," said OpenAI CEO Sam Altman. The deal signals a pivotal shift in cloud service reliance as OpenAI pushes to refine its AI models and broaden its market influence.

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